This right here is pretty daunting......
http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family
http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family
This Should Concern Everyone....2016
- Thread starter Stellah
- Start date
Fungus Gnat
Well-Known Member
You might consider seeing a shrink to help you see contrast that is away from your normal sources.
Illegal Smile
Well-Known Member
What's that supposed to mean? Are you refuting the 20k number?You might consider seeing a shrink to help you see contrast that is away from your normal sources.
mike.hotel
Active Member
So based off of what I read, and the numbers, the government is basically counting on Americans to pay the penalty. So once again, the Government continues to generate revenue, without having to provide a service.
Fungus Gnat
Well-Known Member
how many people you know with 3 kids that make 120,000 per year don't already have insurance?
Dr Kynes
Well-Known Member
thats about right.
those who refuse, or cant afford the "premiums" for medical insurance, will be fined into submission, or milked for the cash to subsidize those who sumbitted early.
and the elephant in the room is, if you dont have an extra 20k a year sitting around to drop on a medical insurance program, you not only get fined, but still do not have any form of "healthcare".
and of course refusing to pay the fine totally wont result in prison... nope.
why you can refuse to pay any fine you want, and the worst any court can do is add to the fine you still aint gonna pay.
no... really... they wont hold you in contempt, issue a bench warrant, or kick in your door in the middle of the night. nope that cannot EEEEEEEVER happen.
stop laughing. it's not a joke.
dude. seriously.
it's true! Barry Seotoro promised!
Dr Kynes
Well-Known Member
i grew up in a family with 6 kids and ZERO medical coverage.
you dont know anybody who will be fucked by barry's boondoggle so all those strangers you wont ever meet are ok to be sacrificed so you can get a shitty medical plan at a discount?
man you lefties are more evil than i thought.
Fungus Gnat
Well-Known Member
And your parents made 120,000?
Dr Kynes
Well-Known Member
the 120,,000 is only for the determining of the "fine" set at 2.4% of gross income.
it has no bearing on the cost of the "bronze plan" premiums.
didnt you even read that shit before you started spouting?
it is sourced after all:
http://www.irs.gov/PUP/newsroom/REG-148500-12 FR.pdf
or is the IRS concealing the Troof too?
Fungus Gnat
Well-Known Member
Examples. The following examples illustrate the application of this paragraph
(e)(3). Unless stated otherwise, in each example, each individual’s taxable year is a
calendar year, the individual is ineligible for any other exemptions described in this
section for a month, the rate of premium growth has not exceeded the rate of income
growth since 2013, and the individual’s employer offers a single plan that uses a
calendar plan year and is an eligible employer-sponsored plan as described in
§1.5000A-2(c).
Example 1. Unmarried employee with no dependents. Taxpayer A is an
unmarried individual with no dependents. In November 2015, A is eligible to enroll in
self-only coverage under a plan offered by A’s employer for calendar year 2016. If A
enrolls in the coverage, A is required to pay $5,000 of the total annual premium. In
2016, A’s household income is $60,000. Under paragraph (e)(3)(ii)(A) of this section,
A's required contribution is $5,000, the portion of the annual premium A pays for selfonly
coverage. Under paragraph (e)(1) of this section, A lacks affordable coverage for
2016 because A’s required contribution ($5,000) is greater than 8 percent of A’s
household income ($4,800).
Example 2. Married employee with dependents. Taxpayers B and C are married
and file a joint return for 2016. B and C have two children, D and E. In November
2015, B is eligible to enroll in self-only coverage under a plan offered by B’s employer
for calendar year 2016 at a cost of $5,000 to B. C, D, and E are eligible to enroll in
family coverage under the same plan for 2016 at a cost of $20,000 to B. B, C, D, and
E’s household income is $90,000. Under paragraph (e)(3)(ii)(A) of this section, B's
required contribution is B's share of the cost for self-only coverage, $5,000. Under
paragraph (e)(1) of this section, B has affordable coverage for 2016 because B’s
required contribution ($5,000) does not exceed 8 percent of B’s household income
($7,200). Under paragraph (e)(3)(ii)(B) of this section, the required contribution for C,
D, and E is B's share of the cost for family coverage, $20,000. Under paragraph (e)(1)
of this section, C, D, and E lack affordable coverage for 2016 because their required
contribution ($20,000) exceeds 8 percent of their household income ($7,200).
Example 3. Plan year is a fiscal year. (i) Taxpayer F is an unmarried individual
with no dependents. In June 2015, F is eligible to enroll in self-only coverage under a
plan offered by F’s employer for the period July 2015 through June 2016 at a cost to F
of $4,750. In June 2016, F is eligible to enroll in self-only coverage under a plan offered
by F’s employer for the period July 2016 through June 2017 at a cost to F of $5,000. In
2016, F’s household income is $60,000.
57
(ii) Under paragraph (e)(3)(ii)(C) of this section, F’s annualized required
contribution for the period January 2016 through June 2016 is $4,750 ($2,375 paid for
premiums in 2016 x 12/6). Under paragraph (e)(1) of this section, F has affordable
coverage for January 2016 through June 2016 because F’s annualized required
contribution ($4,750) does not exceed 8 percent of F’s household income ($4,800).
(iii) Under paragraph (e)(3)(ii)(C) of this section, F’s annualized required
contribution for the period July 2016 to December 2016 is $5,000 ($2,500 paid for
premiums in 2016 x 12/6). Under paragraph (e)(1) of this section, F lacks affordable
coverage for July 2016 through December 2016 because F’s annualized required
contribution ($5,000) exceeds 8 percent of F’s household income ($4,800).
Example 4. Eligibility for coverage under an eligible employer-sponsored plan
and under government sponsored coverage. Taxpayer G is unmarried and has one
child, H. In November 2015, H is eligible to enroll in family coverage under a plan
offered by G’s employer for 2016. H is also eligible to enroll in the CHIP program for
2016. Under paragraph (e)(3)(i) of this section, H is treated as eligible for coverage
under an eligible employer-sponsored plan for each month in 2016, notwithstanding that
H is eligible to enroll in government sponsored coverage for the same period.
Worst case they opt out, self-insure, and pay the $2,400 penalty.
Dr Kynes
Well-Known Member
so no, you didnt read that shit before spouting off.
copy/pasting 50 yards of regualtorese bullshit doesnt change the underlying truth that obamacare will COST TOO MUCH for those who are too broke to pay the costs already, does NOTHING for those whose current medical coverage is "Fuck I Hope I Dont Get Sick" and those who already have no choice but to go to emergency rooms, are fucked by decades of demand notices, collection agencies and garnished wages .
those poor dumb fucks will merely get a massive "tax increase" which amounts to a DOUBLING of the Social Security tax (the most "regressive" tax in america) and they still get to hope they dont get sick, and if they do, they get the same treatment as they do now, cut rate Emergency Room Treatment followed by a decade or more of collections and garnishment.
but you dont know any of those poor dumb fucks so thats just dandy for you.
hope and change indeed.
UncleBuck
Well-Known Member
had no idea that subsidies for health insurance (up to 400% of poverty, no less) amounted to a massive regressive tax increase.
are there fluoride provisions in this bill that you meet with concern, mr. kynes?*
Dr Kynes
Well-Known Member
wow, you sure did miss the point bucky, and trotting out your strawman again really makes it sound like you give a fuck about this issue.
obamacare gives us awesome choices.
paying up to 8% of your income in medical insurance premiums for a shitty medical plan that doesnt cover shit
OR
paying 2.4% of your income in fines and STILL having no medical coverage which cuurrently doesnt cost you anything if you manage to avoid getting sick.
so obamacare is a 2.4% income tax hike, or giving 8% of your income to an insurance company for the privilege of not paying the 2.4%, and hoping you dont get an illness or injury which is uncovered by your "Bronze Plan"
brilliant.
Canna Sylvan
Well-Known Member
I wonder what Obama's royalty finder's fee, is. That's a fuckload of money, even if only a few cents a person.
Dr Kynes
Well-Known Member
nahh, only "The 1%" have any money because "75% of the world's wealth is CONTROLLED by the top 1%"
note they never say how much is OWNED by the "top 1%" only what they "control" since your bank account, your 401k, your investment portfolio, the equity in your home loan, car loan and whatnot, and the balance of your credit liabilities are all "controlled" by the "top 1%" even though they are OWNED by you and the billions of people like you.
it's all a game of semantics, but the fact is, right now, poor folks around the world are much LESS poor than ever before (your results may vary, sorry somalia) and the share of the everything that is "wealth" held by the top richest slice of the population is smaller than ever before on the whole.
when the dinkbag socialists want soemthing they now use deceptive numbers and fraudulent words instead of hurliing their bodies at the barricades.
when shitheels like Barry Seotoro speak their words can mean anything or nothing, and usually do.
Illegal Smile
Well-Known Member
They have to get money from those who will have no claims. Obamacare is to the young what social security is - pay in now, with the promise that you'll get something back later.
UncleBuck
Well-Known Member
let me get this straight:
are you trying to claim that a family of four making a meager amount of money (perhaps $50k for a family of 4) is going to have to pay 8% of their income for health insurance?
is that seriously what you are trying to argue?
UncleBuck
Well-Known Member
and social security is what kept our seniors from suffering as much as the rest of the nation did when the economy went splat under bush.
it works.
fb360
Active Member
Just the tax for opting out is 2.5 percent of taxable income
Are you still trying to argue it isn't a tax?